UNIVERSITY 11-19
UNIVERSITY 11-19 is a Texas oil lease in Loving County, Railroad Commission district 08, operated by Opal Resources Operating Co.,LLC. It has 3 wellbores on file with the Commission. Reported production runs from September 2011 to August 2026, totalling 404,746 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $1.7M, with roughly $684K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 1,142 barrels a month, about 381 per wellbore. Its strongest month on the record we hold was May 2016, at 4,384 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about UNIVERSITY 11-19
- Who operates UNIVERSITY 11-19?
- UNIVERSITY 11-19 is operated by Opal Resources Operating Co.,LLC, Railroad Commission of Texas operator number 624735.
- Where is UNIVERSITY 11-19?
- UNIVERSITY 11-19 is a Texas oil lease in Loving County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 41901.
- Is UNIVERSITY 11-19 still producing?
- UNIVERSITY 11-19 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for UNIVERSITY 11-19 is August 2026.
- How much has UNIVERSITY 11-19 produced?
- UNIVERSITY 11-19 has reported 404,746 barrels of oil (bbl) to the Railroad Commission of Texas between September 2011 and August 2026, from 3 wellbores.
- How much is UNIVERSITY 11-19 worth?
- The remaining production from UNIVERSITY 11-19 is estimated to be worth about $1.7M in total as of 26 August 2026, within a range of $1.4M to $2.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in UNIVERSITY 11-19 is a fraction of it. The estimate fits an Arps decline curve to the production UNIVERSITY 11-19 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for UNIVERSITY 11-19 is an estimate of value, not an offer and not an appraisal.
- How much income does UNIVERSITY 11-19 generate in a year?
- UNIVERSITY 11-19 is forecast to net about $684K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in UNIVERSITY 11-19 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Opal Resources Operating Co.,LLC |
|---|---|
| Field | Two Georges (Bone Spring) |
| County | Loving County, Texas |
| RRC district | 08 |
| Lease number | 41901 |
| Wellbores | 3 |
| Reported production | 404,746 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.7M |
Where UNIVERSITY 11-19 sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.